AMD 1995 Annual Report Download - page 164

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CONTRACT FOR THE ASSIGNMENT OF THE RIGHT
TO THE USE OF STATE-OWNED LAND
IN THE SUZHOU INDUSTRIAL PARK
Suzhou Industrial Park Assignment No. 001
CHAPTER 1 GENERAL PRINCIPLES
Clause 1 The Parties to this Contract are as follows :
Assignor : The Land Administration Bureau of the
Municipality of Suzhou, the Province of
Jiangsu, The People's Republic of China
(hereinafter referred to as "Party A"); and
Assignee : China-Singapore Suzhou Industrial Park Development
Co., Ltd. (hereinafter referred to as "Party B")
The Parties have, in accordance with the "Interim Regulations of
The People's Republic of China Concerning the Assignment and
Transfer of the Right to the Use of State-Owned Land in Urban
Areas", "Interim Measures for the Administration of Foreign-
Invested Development and Management of Tracts of Land" and the
relevant State and local stipulations, entered into this Contract
after friendly negotiations based on the principles of equality
and voluntariness, and assignment for value.
Clause 2 Party A shall assign the right to the use of the land in accordance
with the law and the provisions of this Contract. The ownership of
the land belongs to The People's Republic of China. The
underground resources, objects buried underground
1
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996